Houston Market Cools Slightly While Homes Sell Faster

HOUSTON, TX – May 19th, 2025 – After a spike in market activity the week prior, the Houston housing market saw a cooldown during the week of May 5–12, 2025. Closings dropped by 28.88% and pending sales dipped by 5.43%, indicating a temporary pullback. However, homes are selling faster, and the median price remained steady. Buyers may find improved negotiating power while sellers focus on smart pricing in a shifting landscape.

Market Highlights

• New Listings: 5,534 (down 7.94%)

• Pending Sales: 3,988 (down 5.43%)

• Closings: 2,583 (down 28.88%)

• Median Sold Price: $355,000 (down 1.59%)

• Days on Market (DOM): 55 (down 5.34%)

• 30-Year Mortgage Rate: 6.94% (up 0.58%)

Single-Family Home Market Performance

After weeks of growing momentum, the market adjusted this week. Closings dropped by nearly 29%, and pending sales softened by over 5%, signaling that some buyers may be pausing in response to market shifts or rate increases.

Despite the pullback in transactions, the median price held relatively strong at $355,000, down only 1.59% from the week before. The standout trend: homes are selling faster. The average days on market fell to just 55, the lowest point this season, indicating that well-priced listings are still attracting serious buyers.

Mortgage Rates and Market Implications

The 30-year fixed mortgage rate ticked up to 6.94%, a 0.58% increase from last week. While not a dramatic spike, the continued fluctuation may be prompting some buyers to delay, waiting for stabilization. However, serious buyers remain active and are moving quickly when the right opportunity appears.

Alaina’s Pro Tip of the Week

This week brought a slowdown in both closings and pending sales, but homes are selling faster and prices held relatively steady. For buyers, that means less competition and more room to negotiate, especially as the average days on market fell to just 55. Sellers should stay competitive with smart pricing and strong staging while activity recalibrates.

Market Outlook

This temporary slowdown may give both buyers and sellers time to reassess. With homes still moving efficiently and prices holding firm, those who act strategically can benefit from reduced competition. The weeks ahead will reveal whether this dip is a pause or part of a broader trend.

Looking Ahead

As always, staying informed is the best way to navigate a dynamic market. Whether you're buying, selling, or simply watching, timing and preparation are key.

📲 For expert insights and personalized guidance, contact Alaina Segovia today.
📞 (832) 921-0506 | 🌐 https://www.alainasegovia.com

✨ Stay tuned for next week’s update and follow for the latest in Houston real estate.